INgrooves
Latest round
- Series B
Last raised
- Mar 2007
Total raised
- $1.1M
Investors
- 1
About INgrooves
INgrooves was founded by Matt Burns, Matthew Burns, and Robb McDaniels, serving as a music distribution service for artists and labels. The company is headquartered in San Francisco, US, and has undergone a significant transaction with Universal Music Group, which acquired INgrooves from Shamrock Capital in February 2019 for undisclosed terms.INgrooves offers a comprehensive suite of music distribution services that includes record label services, music publishing, and digital distribution aimed at both established and emerging artists.INgrooves generates revenue through a diverse business model involving partnerships with artists and labels, direct-to-consumer sales, and revenue-sharing agreements. The company plans to introduce new music distribution products tailored for digital platforms in the coming year. Additionally, INgrooves is exploring expansion into emerging markets in Asia and Latin America by the end of 2023, aiming to capture a larger audience for its services.
Who invested in INgrooves
1 investor across 2 rounds
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Questions about INgrooves
Who invested in INgrooves?
INgrooves has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has INgrooves raised?
INgrooves has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did INgrooves last raise money?
INgrooves's most recent round on record is a Series B, in Mar 2007.
What does INgrooves do?
INgrooves was founded by Matt Burns, Matthew Burns, and Robb McDaniels, serving as a music distribution service for artists and labels.
Where is INgrooves headquartered?
INgrooves is headquartered in San Francisco, US.
Which VCs invest in companies like INgrooves?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back marketing/advertising companies at INgrooves's stage. Their profiles are linked below.
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